Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Business trends Japan's space industry gets some new life Young venture companies promise new ideas and lower costs Astroscale CEO Mitsunobu Okada, right, takes part in a press conference in March 2016.
SHINICHIRO UNOZAWA and RYOSUKE HANAFUSA, Nikkei staff writers January 21, 2017 15:00 JST | Japan
SAPPORO/TOKYO -- Japan's space industry is set to take off in 2017, thanks to a growing number of private enterprises moving toward the launch pad.
The state-run Japan Aerospace Exploration Agency, or JAXA, as well as heavy machinery makers
Mitsubishi Heavy Industries and IHI have so far been key engines of Japan's aerospace industry.
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